A share price of Li Auto Inc ADR [LI] is currently trading at $39.72, up 8.91%. One of the good ways to gauge the recent performance is if the stock’s short-term value is rising or falling. The LI shares have gain 5.19% over the last week, with a monthly amount glided 29.34%, and seem to be holding up well over a long-time horizon.
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On 6, March 2024, Li Auto Selects Hesai as LiDAR Supplier for its Flagship MPV Li MEGA. In a post published today on Yahoo Finance, L series upgrade to have lidar as standard configuration.
From an analyst’s perspective:
Li Auto Inc ADR [NASDAQ: LI] stock has seen the most recent analyst activity on February 06, 2024, when Deutsche Bank upgraded its rating to a Buy and also revised its price target to $41 from $45. On November 28, 2022, Jefferies initiated with a Buy rating and assigned a price target of $20.66 on the stock. CLSA started tracking the stock assigning a Buy rating. HSBC Securities initiated its recommendation with a Buy and recommended $35 as its price target on April 04, 2022. China Renaissance started tracking with a Buy rating for this stock on March 24, 2022, and assigned it a price target of $37.20. In a note dated February 08, 2022, Barclays initiated an Overweight rating and provided a target price of $38 on this stock.
Li Auto Inc ADR experienced fluctuations in its stock price throughout the past year between $20.80 and $47.33. Currently, Wall Street analysts expect the stock to reach $47.94 within the next 12 months. Li Auto Inc ADR [NASDAQ: LI] shares were valued at $39.72 at the most recent close of the market. An investor can expect a potential return of 20.69% based on the average LI price forecast.
Analyzing the LI fundamentals
Trailing Twelve Months sales for Li Auto Inc ADR [NASDAQ:LI] were 17.39B which represents 132.77% growth. Gross Profit Margin for this corporation currently stands at 0.21% with Operating Profit Margin at 0.05%, Pretax Profit Margin comes in at 0.06%, and Net Profit Margin reading is 0.06%. To continue investigating profitability, this company’s Return on Assets is posted at 0.05, Equity is 0.13 and Total Capital is 0.08. Upon thorough examination of the company’s fundamental financial framework, it becomes apparent that the debt-to-equity ratio stands at 0.21.
Before buying any particular stock, readers tend to pay close attention to the indicators that support and create resistance. The company’s stock is currently sitting at 38.05 points at the first support level, and at 36.38 for the second support level. However, for the 1st resistance point, the stock is sitting at 40.76, and for the 2nd resistance point, it is at 41.80.
Li Auto Inc ADR [LI] reported earnings per share of $0.75 for its fiscal quarter that ended on 12/30/2023. Based on the Wall Street analysts’ estimates, the company was expected to report earnings of $0.29/share, meaning a difference of $0.46 and a surprise factor of 158.60%. By comparison, the stated earnings for the previous quarter ended on 9/29/2023 were $0.19 per share as compared to estimates of $0.31 per share, a difference of -$0.12 representing a surprise of -38.70%.
Ratios To Look Out For
To put it in perspective, the Current Ratio for Li Auto Inc ADR [NASDAQ:LI] is 1.57. Also, the Quick Ratio is 1.48, while the Cash Ratio stands at 1.26. Considering the valuation of this stock, the price to sales ratio is 1.88, the price to book ratio is 5.73 and price to earnings (TTM) ratio is 25.75.
